• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Measuring a Condo

Status
Not open for further replies.

Tim The Enchanter

Elite Member
Joined
Jan 24, 2002
Professional Status
Certified Residential Appraiser
State
California
Measure inside for a condo, outside for an SFR. That's the standard I believe, although a 1000 Sf condo would then have more interior space than a 1000 Sf SFR. :?
 

Farm Gal

Elite Member
Joined
Jan 14, 2002
Professional Status
Licensed Appraiser
State
Nebraska
Technically the condo owner owns the interior of the rooms to the final paint layer, but I am not going to measure to the 1/64th of an inch :lol:

I have never figured out how the used paint changes hands...

But I have seen some condo docs that specify this :!:
 

larryhaskell

Senior Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Nevada
I believe Lee is correct, but, then it is no longer gross living area but instead is net living area. If you measure the interior in our county, the square footage will never match what the Assessor's Office has. It makes no sense to me. Your interior wall is someone elses exterior wall & vice versa or so it seems to me.
 

Farm Gal

Elite Member
Joined
Jan 14, 2002
Professional Status
Licensed Appraiser
State
Nebraska
Larry:

I have been known to do my measurements then spend a pragraph explaining why I am not using that measure in the grid. I override the auto-fill in the grid so I am comparaing 'apples to apples'. square peg, round hole all day long :roll:
 

Tim The Enchanter

Elite Member
Joined
Jan 24, 2002
Professional Status
Certified Residential Appraiser
State
California
Your interior wall is someone elses exterior wall & vice versa or so it seems to me.

And one mans ceiling is anopther mans floor. :lol:
 

Claudia Cullen

Sophomore Member
Joined
Dec 18, 2002
Professional Status
Licensed Appraiser
State
Massachusetts
I was taught to measure the inside of a condo and the exterior of the SF. I'm still waiting to measure a condo and find my measurements and those of the master deed floor plan to be even moderately close!
 
Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
Thanks to all that have answered so far.

Claudia, you just hit on why I was asking. The builder states 1,408 SF.

I just measured it at 1,291.

I don't do any builder work anymore and this was a 1 year old refi. I'm amazed!!! How do the builders get away with this???
 

Mountain Man

Elite Member
Joined
Jan 15, 2002
Professional Status
Certified General Appraiser
State
Georgia
Many are quoting "building area" and not GLA...... at least not the GLA WE use.
 

Claudia Cullen

Sophomore Member
Joined
Dec 18, 2002
Professional Status
Licensed Appraiser
State
Massachusetts
Pam:
Is it possible that you and I are appraising condos built by the same firm? It sure sounds that way to me!
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks